TKIL Industries Pvt. Ltd is in discussions with oil refining companies and steelmakers to set up green hydrogen-producing units using solar energy at their premises and help them reduce greenhouse gas emissions.
"We have approached oil marketing companies (OMCs) and steel companies and most of them want to do a pilot first. Once there is enough demand, we have kept funds of ₹1,500-2,000 crore for expansion," Vivek Bhatia, managing director and chief executive officer (CEO) of TKIL Industries, told Mint.
"100MW is up for taking...and if someone comes with a 200MW project, we will not say no to them."
The company, formerly known as Thyssenkrupp Industries India Pvt. Ltd, is targeting 100MW of electrolyser capacity by 2025 and plans to scale it up to meet demand. Electrolysers split water into hydrogen and oxygen, and are a critical technology for producing low-emission hydrogen from renewable or nuclear electricity. A 10MW electrolyser can produce 200kg of hydrogen in an hour if it takes 50kWh of energy to produce 1kg of hydrogen.
Bu hikaye Mint Bangalore dergisinin December 21, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Bangalore dergisinin December 21, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Indian Art May Be Poised for a Global Breakthrough
Early last year, Delhi-based Rohini Devasher became the first Indian to be recognised by Deutsche Bank as their 'Artist of the Year'. This led to her first major monographic exhibition, Borrowed Light, which opened in Berlin at the Palais Populaire in September and will be on display till early March.
Smart Gnomes, Evil Penguins and Stop-Motion
Wallace & Gromit Are Back for a Full-Length Adventure With a Familiar Foe
5 Contemporary Artists on the Books That Inspire Them
Leading Indian artists such as Shilpa Gupta, Anju Dodiya and Thukral & Tagra share their favourite recent reads
Abandon Myopic Policies for the Common Global Good
Policies of the US, China and India Should Prioritize Long-Term Gains and Their People Must Push for It
Let's act now to create a resilient, adaptable and skilled workforce
Our demographic dividend, coupled with skills adapted for new opportunities, can give us a competitive advantage globally
The bar for successful obesity drugs has been rising sharply
Nothing else explains why Novo's stock fell after a drug test result
Our Consumption Study Doesn't Feed Policy Well
India's latest survey of household spending on consumption picks up significant trends but offers an unclear snapshot of upper-end expenses. Policy cues should be taken selectively
Manmohan's understated leadership set a fine example
His self-assured openness to all views was an inspiration for decision makers keen to resist groupthink
The Union Budget Should Focus on Lifting Consumption Growth
That is key, since investments haven't picked up, but there may be little fiscal space for big tax cuts
Rupee Slide: What It Means for India and Your Wealth
Investments must align with your objectives and risk appetite, not currency depreciation
